23.07.2021 Krones AG  DE0006335003

DGAP-Adhoc: Krones AG: Krones raises full-year guidance for 2021 and publishes preliminary half-year figures


 

DGAP-Ad-hoc: Krones AG / Key word(s): Change in Forecast
Krones AG: Krones raises full-year guidance for 2021 and publishes preliminary half-year figures

23-Jul-2021 / 09:14 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad-hoc release

23 July 2021

Krones raises full-year guidance for 2021 and publishes preliminary half-year figures

Krones' business continued to develop dynamically through the second quarter of 2021. Based on preliminary figures, order intake in the first six months of 2021 was around €2,045 million, some 40% higher than a year earlier. Revenue in the first half of 2021 increased by about 1% year on year to approximately €1,720 million. In the second quarter of 2021, revenue was almost 12% higher than in the prior-year quarter. Despite rising costs, notably of materials and freight, Krones' profitability improved significantly in the period January to June 2021. Earnings before interest, taxes, depreciation and amortisation reached approximately €138 million (previous year: €118.5 million). The EBITDA margin increased to 8.0% (previous year: 7.0%).

Based on the preliminary figures for the first half year and the good outlook for the third and fourth quarters of 2021, Krones is raising its full-year guidance for 2021. For the Krones Group, the Executive Board now expects full-year revenue growth of 7% to 9% in 2021 (previously 2.5% to 3.5%). Krones anticipates an EBITDA margin of 7% to 8% (previously 6.5% to 7.5%). For the third performance target, working capital to revenue, the guidance remains unchanged at 26% to 27%.

The guidance for 2021 is subject to the assumption that there will be no severe impacts from the Covid-19 pandemic, problems in supply chains or other general economic impacts.

Krones will publish its Interim Report as of 30 June 2021 on 3 August 2021.

Explanations of the cited financial performance indicators are provided in the Krones Group's Annual Report online at https://www.krones.com/media/downloads/GB_2020_Konzern_e.pdf, primarily on pages 52 and 198.


Contact:
Olaf Scholz
Head of Investor Relations, Krones AG
Tel.: +49 9401 70-1169
E-Mail: [email protected]


23-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Krones AG
Böhmerwaldstraße 5
93073 Neutraubling
Germany
Phone: +49 (0)9401 701169
Fax: +49 (0)9401 709 1 1169
E-mail: [email protected]
Internet: www.krones.com
ISIN: DE0006335003
WKN: 633500
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1221197

 
End of Announcement DGAP News Service

1221197  23-Jul-2021 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 3.691,36 3.853,98 3.958,88 3.322,74 3.634,46 4.209,34 4.720,68
EBITDA1,2 340,19 305,89 227,26 133,22 312,64 373,31 457,31
EBITDA-Marge3 9,22 7,94 5,74 4,01 8,60 8,87
EBIT1,4 245,47 203,15 43,95 -40,81 170,90 230,41 290,99
EBIT-Marge5 6,65 5,27 1,11 -1,23 4,70 5,47 6,16
Jahresüberschuss1 187,13 150,60 9,24 -79,71 141,39 187,08 224,55
Netto-Marge6 5,07 3,91 0,23 -2,40 3,89 4,44 4,76
Cashflow1,7 -5,86 315,05 93,53 321,77 335,86 478,70 137,62
Ergebnis je Aktie8 5,97 4,78 0,30 -2,52 4,47 5,92 7,11
Dividende8 1,70 1,70 0,75 0,06 1,40 1,75 1,55
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Krones
WKN Kurs in € Einschätzung Börsenwert in Mio. €
633500 122,700 Kaufen 3.876,47
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,19 17,54 0,75 27,11
KBV KCV KUV EV/EBITDA
2,36 28,17 0,82 7,90
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,75 2,20 1,79 04.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
05.05.2024 31.07.2024 05.11.2024 22.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
6,22% 15,98% 9,75% 12,26%
    
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Maschinen-/Anlagenbau , 633500 , KRN , XETR:KRN